All articles by Ed Devlin – Page 206
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NewsMedia Bites 24 August: Tesco, BHS, Amazon Fresh
Tesco now looks set to lose out on the sale of its Korean business as well thanks to a slide in the local currency
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Analysis & FeaturesOrange supply squeeze puts pressure on juice suppliers
An expected shortage of fresh oranges from Spain is set to squeeze juice supplies
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Analysis & FeaturesCan Andy Clarke deliver recovery with Asda backs to the wall?
Clarke promises turnaround after worst performance in its history
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NewsWH Smith ignores VAT furore as it beats profit forecasts
Shares in WH Smith fell 1.3% today after the retailer avoided any mention of the ongoing row over alleged pocketing of VAT savings at airports.
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NewsTossed hits fundraising target with support from Andy Murray
Food-to-go retailer Tossed has smashed its fundraising target of £750,000 on crowdfunding platform Seedrs with help from tennis world number two Andy Murray.
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NewsCity Snapshot: Profit warning at Carlsberg as Europe proves tough for new CEO
Carlsberg’s new CEO has issued a profit warning in his first set of results this morning thanks to market decline
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NewsMedia Bites 19 August: M Local, M&S, Asda
Convenience veteran Mike Greene has emerged as the frontman for investment firm Greybull’s bid to takeover M Local; more boardroom upheavel at M&S and Asda’s woes make the papers today.
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Analysis & FeaturesClarke relies on green shoots as Asda reaches ‘nadir’
Andy Clarke today confidently declared that the worst was now over for Asda
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NewsCity snapshot: McColl's refinance £100m bank facilities
C-store operator McColl’s Retail Group has refinanced its £100m funding arrangements with four banks despite its existing facilities still having three more years to run.
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NewsMedia Bites 18 August: Amazon, dairy crisis, Cargill
The papers are dominated by the fallout from a report published by the New York Times over the weekend into Amazon’s working conditions and practices.
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NewsCargill nets salmon feed supplier for €1.35bn
US multinational Cargill has waded further into the rapidly growing market for fish and shrimp with the €1.35bn (£958m) acquisition of salmon feed supplier Ewos.
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NewsDairy Crest/Unilever spreads synergy potential eyed by City
A green light for Müller’s proposed purchase of Dairy Crest’s liquid milk division could trigger fresh consolidation
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NewsYoung's Seafood sale on again as Findus negotiates with Nomad
Nomad Foods’ £500m takeover of the European arm of Findus Group will re-open the sale of the remaining UK business…
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NewsNakd and Trek owner eyes overseas growth after Lotus takeover
Natural Balance Foods, the group behind the Nakd and Trek brands, has been taken over by a Belgian biscuit and cake manufacturer to help it grow its products internationally.
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NewsCity Snapshot: Conviviality Retail edges ahead in race for Matthew Clark
Bargain Booze owner Conviviality Retail has elbowed ahead of rival bidders
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NewsMedia Bites 14 August: milk protests, Nomad, Coca-Cola HBC, Coca-Cola Co
After a busy day in the grocery world, with mega deals, financial results and more movement on the dairy crisis there is a lot to get through in the papers.
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NewsNomad buys Findus for £500m to create pan-European frozen giant
Nomad Foods has made further strides toward its ambition of creating a global food group with the £500m acquisition of the European arm of Findus.
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NewsReckitt Benckiser told to license K-Y Jelly to rival by deals watchdog
Durex owner Reckitt Benckiser is being forced to license the K-Y Jelly brand in the UK to a rival to ease competition concerns.
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NewsCity Snapshot: Henkel posts double-digit growth in Q2
Persil owner Henkel has reported a “solid” performance in the second quarter with revenues up 13.5% to €4.7bn, driven by strong organic sales growth in emerging markets of 5.1%.
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NewsMedia Bites 12 August: Tesco, M&S, Nestlé
Potential bidders for Tesco’s data unit are considering “drastically” scaled back offers of £700m; M&S loses another clothing exec; Indian authorities are seeking $100m in damages from Nestlé.